It's going towards revamping its buildings and facilities.
Part of the money will be used to build a balcony in the main auditorium to increase its capacity and there'll also be improvements to its bar area.
Part of the Phoenix will also be converted into a new digital cinema and screening space.
Roadworks frustrating Kingsbridge locals
Anger as town is hit by ‘Pandora’s Box’ of problems
Fears homes will create more gridlock on “car park” roads
450 homes approved near Barnstaple
Kart track wants to host large event
Dunkeswell seeks extra permissions to host 3,000-person event
Devon rapist jailed for 26 years
'Welch is a vile human being and dangerous predator'
125 homes proposed for Plympton
At the moment is it protected green space
‘Stay clear’ warning after Shaldon cliff fall
'Further falls are likely. Don't risk your safety'
